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days late. terry mcsweeney, abc7 news. >>> still ahead, president obama arrives back in washington after cutting short his vacation the chilly political climate he's returning to. >>> shocking scare caught on camera what led >>> president obama is back in washington where the weather is just as frigid as the political climate inside. fiscal cliff talks appear to be going nowhere. the president is trying to hammer out a deal before major tax hikes and spending cuts kick in january 1st. this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow is down 135 points over 1%, consumer confidence very low because of concerns that fiscal cliff will cause taxes to rise for every
at the white house today, no sign that president obama and congressional leaders are closer to a deal. katie marzullo is live in the newsroom with a look at what missing the deadline could mean. >> reporter: the deadline is monday. just the prospect of missing it is causing problems for the economy. president obama has invited senate and house leaders to the white house this afternoon for last ditch negotiation. the house is holding an unusual session sunday. technical little, there's still time to strike a deal, but what if they don't? comedies 31st, more than 500 billion dollars in -- in tax increases and more than 100 billion dollars in government spending cuts are set to take effect. what happens january 1st, is less than certain. if congress and the president miss the deadline investors could panic sending the shakey stock market into a downward spiral. businesses and consumers could lose confidence and cutback on spending. a recession would not be immediate as long as all parties are working on a deal taxes and cuts could be kept at bay for a few weeks and repealed retroactively. if th
christmas. president barack obama and first lady michelle obama sit down with our own barbara walters [ singing christmas carols in background ] aunt sally's singing again. it's a tradition, honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. george hw bush was in a hospital in intensive care. he is fighting in an elevated fever. he was in hospital with complications from a bout of bronchitis. doctors said they expected the former president would only spend a few days in the hospital and be home for christmas, but his condition worsened with a spike in his fever and he is now in guarded condition in the intensive care unit. >>> a powerful winter storm that lashed the midwest and south is moving to the northeast. in boston the high winds are actually blowing the snow sideways forecasters, however, say the snow will be gone tomorrow
>>> first lady michelle obama read to children in washington, d.c. and a creature were stirring. [ laughter ] >> this is exactly what he does at home. he tries.... >> that creature is bo the obama family dog. she read the night before christmas to the children. that is it for this edition. for all of us here, i'm dan ashley. merry christmas. i hope you have had a wonderful day with your family and hope to see you again at 11:00 tonight. good night. >>> my heart starts beating fast and i don't feel good. >> because i have one arm. >> i was coming here. >> nice job, well done. >> something remarkable is happening here in the bay area and the beautiful rolling hills and vineyards of livermore. it's camp arroyo. >> abc7 is proud to bring you the stories of some incredibly courageous people battling life-threatening diseases. in our special program called i just like me." ♪ >> it's amazing to be here with all these kids. it's exciting and reminds me what i need to do. >> the taylor family foundation brings kids together like these through camp arroyo. >> thank you fay legislator fa
. >> on the subject of travel. president obama and the entire family left this evening to spend christmas holiday in hawaii. not clear when they will return. the president only saying that since a deal has not been reached to avert sought called fiscal cliff, he would be coming back to washington after christmas. >> so where did that leave things terms of the fiscal cliff? here's l jonathan karl. >> congress not a creature is stirring. no deal is in sight. with deadline looming and seemingly no hope anywhere, the president made one last appeal tonight before washington goes on vacation. >> as we leave town for a few days to be with our families, through the holidays, everybody can cool off. everybody can tl drink some egg nog. now is not the time for more self inflicted wounds. certainly not those coming from washington. >>reporter: but the 2 sides don't even seem to be trying any more. what are we going to do now. >> i'm interested in solving the major problems that face our country. and that means house leaders senate leaders and the president are going to continue to have to work toge
, leigh gl >>> president obama and his family are spending their holiday in hawaii. they arrived this morning. before they left they recorded the holiday address from the white house. the theme, joy to all including the joy of giving and joy of service and joy of homecoming. >> here that is especially true for some of our military families. the war in iraq is over. transition in afghanistan is under way and after a decade of war our heros are coming home. let's say a prayer for all our troops, especially those in afghanistan. >> i believe that we should serve them as well they serve this country. >> in a holiday wish given by john boehner is that both parties can come together and reach a solution to avoid the fiscal cliff, one that protects families and small businesses alike. >> preliminary results tonight show egypt's have received a yes majority of more than 70%. they went to the polls on a draft constitution. two top government officials resigned. proposed constitution would do with away the posts. with his background as a judge, politics doesn't suit him. egypt's central go
. >>> president obama is cutting short his holiday to resume fiscal cliff negotiations. the white house says the president will leave hawaii tonight on a red-eye to washington. lawmakers have less than a week to come up to agreement on how to avoid tax increases and spending cuts set to go into effect january. the first lady and the couple's two daughters will remain in hawaii for another 10 days. >>> for the first time starbucks' employees are being asked to write other than names on cups. the chain is asking employees in washington, d.c. to scribble the words "come together." as a message to lawmakers to settle the fiscal cliff. >> some spots blue skies, some parts grey clouds. >> interesting the colors you will see out there rainbow colors out there and we've had some in the south baylor, i'll show you one from mountain view, san jose we just had moderate rain roll through downtown, darker clouds off to the west there and that's what is going to head up into the santa cruz mountains shortly. one other advantage point, at least this side of san francisco, we are on the embarcadero side at
to call a spare the air alert on christmas day. >>> nice holiday gesture by president obama ended up rui ruining christmas plans for dozens of bay area folk this group of people was surprised today when they went to the san francisco passport office only to find out it was closed. office was supposed to be open today but you see last friday president obama signed a last minute executive order making christmas eve a federal holida holiday. people who showed up with mortgage appointment an plans to travel today or tomorrow, well they were left out in the cold. >> i don't know what i can do i'm waiting out here a lot of us have been here since this morning try to with the hope they can open. they will open and my kids can get the passport and travel. >> ordeal was especially frustrating for people already done all the required paperwork last week and were told to come in on monday morning just to a pick up the passport. now they are kind of left in the lurch. >>> well, as we celebrate the holiday it's nice remember the men and women serving over sea seas. american sold remembers celebra
up next president obama draws new line in the sand. his plan for avoiding new year tax hike. >> luxury holiday cruise nightmare. not just happening on 1 ship nightmare. >> stern censorship changes over sea. one country insist all i know net users must do all i know net users must do before logging on. stay with >> late afternoon meeting at the white house brings some progress toward avoiding the fiscal cliff which is coming very soon. just a couple of days. tonight the president called the meeting constructiv constructive. mark matthews has look at the cost of going over the fiscal cliff if we do. >> president is optimistic but if deal can't be reached this weekend he will tell senate leader reid tiny introduce a fall back bill. >> bill on the floor that make sure that taxes on middle class family don't go up. that unemployment insurance is still available for two million people lay the ground work then for additional deficit reduction and economic growth steps to take in the new year that. >> bill ass the president calls the bare minimum isn't what many on capitol hi
's capitol senators will meet tomorrow in ongoing effort to avoid the fiscal cliff. president obama is about to end his family vacation in hawaii and will arrive in washington early tomorrow to deal with the tax increases and spending cuts that are due to take effect next week. no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that
policy for parking meet that's many say is just unfair. >> plus president obama back in washington with 4 days to go now until the country plunges over the fiscal cliff. both sides are trading blame. >> warning tonight to anyone with closet full of skinny jeans. do you have some of jeans. do you have some of snos doctors now say they could >> free parking on sunday in san francisco coming to an end soon this coming sunday is the last sunday that residents and visitors alike will not have to feed the meter. carolyn tyler has the story. >>reporter: think about starting to plug the meters on sunday. >> that's awful. that's awful. >>reporter: since the first first meeter installed in san francisco on bush and polk street back in the 1940's sunday have been a one day break. but that longstanding policy is over. >> this is a new day as far as parking management. we have notice that 70% of all businesses are open in san francisco on sunday and we really need an effective parking management plan in place. >>reporter: now starting january sixth from noon to 6:00 p.m. of the 29,000 plus
Search Results 0 to 10 of about 11